WORD LISTS

Fed Chair Choices

The lobbying for Federal Reserve Chairmanship is generating a lot of controversy. The tale encompasses whispers about sexism and accusations of "in crowd" elitism. Here are 23 words from the New York Times account ( July 26, 2013)

Her career has been
intertwined with those of Christina D. Romer, who led Mr. Obama’s Council of Economic Advisers at the beginning of his first term, and Laura D’Andrea Tyson, who held the same job under President Clinton and later served as the director of the White House economic policy committee.

Ms. Yellen’s chief
rival for Mr. Bernanke’s job, Lawrence H. Summers, is a member of a close-knit group of men, protégés of the former Treasury Secretary Robert E. Rubin, who have dominated economic policy-making in both the Clinton and the Obama administrations.

Ms. Yellen’s chief rival for Mr. Bernanke’s job, Lawrence H. Summers, is a member of a close-knit group of men,
protégés of the former Treasury Secretary Robert E. Rubin, who have dominated economic policy-making in both the Clinton and the Obama administrations.

Mr. Bernanke’s
successor must lead the Fed’s fractious policy-making committee in deciding how much longer and how much harder it should push to stimulate growth and seek to drive down the unemployment rate.

Mr. Bernanke’s successor must lead the Fed’s
fractious policy-making committee in deciding how much longer and how much harder it should push to stimulate growth and seek to drive down the unemployment rate.

But the choice also is
roiling Washington because it is reviving longstanding and sensitive questions about the insularity of the Obama White House and the dearth of women in its top economic policy positions.

But the choice also is roiling Washington because it is reviving longstanding and sensitive questions about the
insularity of the Obama White House and the dearth of women in its top economic policy positions.

But the choice also is roiling Washington because it is reviving longstanding and sensitive questions about the insularity of the Obama White House and the
dearth of women in its top economic policy positions.

Mr. Summers’s supporters are making less noise in public, partly because some of his primary
advocates are inside the White House, while Ms. Yellen’s primary
advocates mostly appear to be on the outside looking in.

That is not unusual for a top Fed official in Ms. Yellen’s position — her
predecessors also spent little time at the White House — but it is significant for a president who has often placed a premium on nominating people he knows.

Several former administration officials, who spoke about personnel policy only on the condition of anonymity, strongly disputed the idea that the White House was institutionally
sexist, that Mr. Obama did not value the promotion of women or that women were excluded because of their gender.

Ms. Tyson recommended Ms. Yellen for an open seat on the Fed’s seven-member board of governors, which oversees
regulatory policy and sets monetary policy in consultation with the presidents of the 12 regional reserve banks.

She also helped to start the career of Ms. Brainard, now the Treasury under secretary for international affairs, by battling for permission to break the rules by extending Ms. Brainard’s White House
fellowship into a full-time position with the Council of Economic Advisers.